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Chinese Stocks Plummet Amid Stimulus Concerns

  Chinese stocks experienced a significant downturn today, with the Shanghai Composite Index plummeting by 6.6%. This sharp decline comes as investors express growing anxiety over the lack of substantial economic stimulus from Beijing. The market’s reaction follows recent rallies driven by hopes for major economic interventions. However, the latest announcements from Chinese officials have failed to meet these expectations, leading to widespread sell-offs. The CSI300 Index, which tracks the top 300 stocks in the Shanghai and Shenzhen markets, also saw a substantial drop of 5.6%. Hong Kong’s Hang Seng Index was not spared, falling by 1.5% as investors moved to lock in profits after recent gains. The lack of new, impactful fiscal policies has left many market participants disappointed, contributing to the overall negative sentiment. Analysts suggest that the market’s response is a clear signal of diminishing confidence in half-hearted promises and a demand for more decisive economic meas
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Your daily horoscope: July 27, 2024

 


HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Aim to be even more assertive than usual this year. There is a place in the world for people who are meek and mild and put others first, but it’s not your place, at least not for now, so be true to yourself and make great things happen.

ARIES (March 21 - April 20):

You have a lot more going for you now than you appear to believe, so stop wondering if you should attempt to do something out of the ordinary and just go for it. Aim for the top of the tree and don’t be surprised to reach the stars.

TAURUS (April 21 - May 21):

Something you say without thinking is likely to offend someone this weekend but that’s their problem not yours. Yes, maybe you should be a bit less confrontational, but life is too short to check each and every word that comes out of your mouth.

GEMINI (May 22 - June 21):

With so much energy at your disposal you can and you must do something special, and if you really want to have a good time you should do it with people whose positive attitude reflects your own. The rest of the world can be safely ignored.

CANCER (June 22 - July 23):

If you have any unfinished business to take care of then you must get on top of it now, because soon you will have even more responsibilities to deal with. Catch up this weekend if you don’t want to be playing catch up for the whole of next month.

LEO (July 24 - Aug. 23):

The risk-taker in your nature will come to the surface over the next 48 hours and although there may be a minor setback or two on balance you will come out ahead of the game. Let others play it safe while you have fun being impetuous.

VIRGO (Aug. 24 - Sept. 23):

If someone tries to intimidate you this weekend all you have to do is stay calm and refuse to give in to their bullying. The fact is they don’t have any real power over you and most of their threats are nothing more than empty words.

LIBRA (Sept. 24 - Oct. 23):

It will pay you to listen to advice this weekend, especially when it comes from people whose guidance you have benefited from in the past. If they suggest that it’s time to update your methods and routines, deep down you will know they are right.

SCORPIO (Oct. 24 - Nov. 22):

If you want to impress employers, senior colleagues and people in positions of power then you must put yourself into positions where they can see what you are capable of. They won’t come looking for you, so you must go looking for them.

SAGITTARIUS (Nov. 23 - Dec. 21):

If you get the urge to travel then go for it and ignore those who say you have chores to take care of at home and at work. They may be right but this is one of those occasions when your own happiness ranks higher than everything else.

CAPRICORN (Dec. 22 - Jan. 20):

You may be suspicious of what others are saying this weekend but don’t waste time trying to find out if each and every word is true. Listen carefully to what your instincts communicate and act in the knowledge that they at least would never lie to you.

AQUARIUS (Jan. 21 - Feb. 19):

There is no point fantasizing about being some place else with people who share your interests and passions. You are where you are and the universe expects you to get to grips with what has been placed in front of you. Do so with a smile.

PISCES (Feb. 20 - Mar. 20):

You are pretty good at human psychology and if you apply just a little bit of pressure in the right place the results could be spectacular. The trick, of course, is to get others to believe that what is good for you is good for them as well.


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